Global Aluminum Industry Value to Reach $100bn Barrier According to Merchant Research & Consulting, Ltd.
Due to the metal’s unique properties of being light, strong and reusable, aluminum is to remain in great demand which is expected to grow 12 per cent in 2011. The global value of the aluminium industry will reach $99.9bn this year and will shortly break the $100bn barrier. China and India are undergoing rapid industrialization. Demand from these countries is expected to increase its alumina and aluminum production capacity while lowering its operating costs.
Detailed review and forecast on global, regional and country markets of aluminium can be found in the new market research report “Aluminium Market Review” that covers present situation, historical background and future forecast and addresses comprehensive data showing aluminium capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
Aluminium rises on international market
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